AI is great at one thing, driving the next wave of layoffs. Goldman Sachs Strategist wrote earlier this week that they see that AI could boost S&P profits by 30% or more over the next decade. Italy announced a $30 million fund to help workers retrain with new technologies.
On Tuesday, there was a strange exchange between Senator Richard Blumenthal and OpenAI CEO Sam Altman around jobs. In today's episode, NLW builds off that exchange to discuss the current state of the discourse around AI and jobs, including recent job cut announcements from IBM and BT, as well as a World Economic Forum study that argues that 14 million net jobs will be lost globally over the next 4 years.
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